At some point the "blockchain not Bitcoin" crowd will wake up to the fact that Bitcoin's value proposition is censorship resistance. Nobody can block you from m

At some point the "blockchain not Bitcoin" crowd will wake up to the fact that Bitcoin's value proposition is censorship resistance. Nobody can block you from making a payment. The idea is still revolutionary, as evidenced by the large number of people for whom Bitcoin still doesn't look like anything (other than maybe something scary or bad). Whatever Facebook comes up with will be the antithesis of censorship resistant. There is no point to buy or use it because it solves no problems for regular people. Which brings us to why Facebook is bothering. For the simple reason that governments print currencies. Control (through censorship) and self enrichment ( through inflation). This only works by compelling people to use the currency. My prediction is that Phase 2 of this ridiculous plan is to force people on Facebook to use the token while gradually cutting third party payment processors out.